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CME Group launched MPC SONIA futures contracts in October 2018.

SONIA stands for Sterling Overnight Index Average Rate, yet I couldn't find what the MPC is for.

Paul Razvan Berg
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1 Answers1

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I eventually found it in the contract specifications:

For a given contract, interval from (and including) scheduled Monetary Policy Committee (MPC) announcement date in Contract Month, to (and not including) scheduled MPC announcement date in Delivery Month.

Paul Razvan Berg
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